Investing in the global stock market using the local currency is now more accessible with Sun Life Asset Management Company, Inc.’s (SLAMCI) latest offering, the Sun Life Prosperity World Equity Index Feeder Fund.
Investors may enjoy long-term growth as investments in the World Equity Index Feeder Fund are placed into a target fund that tracks the performance of the MSCI All Country World Index (ACWI), an index that represents more than 2,000 constituents across developed and emerging markets.
“The Fund was designed specifically for experienced investors who can tolerate significant fluctuations in the value of investments and currency movements, and do not mind market volatility,” SLAMCI President Valerie Pama says. “They know that the potential challenges could lead to the capital appreciation for their investment portfolios and bring them closer to their long-term financial goals.”
Aside from gaining access to global markets, the World Equity Index Feeder Fund also gives investors a chance to diversify their investment portfolios, since the MSCI ACWI represents equities across countries, including the United States, Japan, the United Kingdom, and France, covering leading corporations that resonate with a great majority.
Investments in the World Equity Index Feeder Fund start at only Php 50,000, while additional investments are only at Php 10,000.